Post on 29-Mar-2015
Welcome toJA Finance Park™
Teacher Training
JA Finance Park Teacher Training
By the end of this session, you will understand:
• The purpose of JA Finance Park
• How to efficiently and effectively use the program materials
• The operation of the JA Finance Park facility
• Teacher responsibilities necessary for a successful JA Finance Park student visit
Goals of JA Finance Park
• Help students think creatively, analyze tasks, and solve problems at grade level or above.
• Encourage students to develop and demonstrate personal responsibility for learning and self-management.
• Actively involve the business community and parents in helping students achieve at their highest level.
• Communicate and work with schools to promote the highest student achievement.
• Help students develop and follow a monthly budget.
Teacher
Resource Guide
Begin Collecting These
Unit Four Materials Early!√ Calculators√ Markers or colored pencils√ Glue, tape, scissors√ Large envelopes or Ziploc bags√ Newspapers (especially Sunday),
magazines, catalogs, advertisements√ Fliers from grocery stores, mailed food
advertisements, etc.√ Grocery store receipts
Remember to:• Send Volunteer Recruitment
Letters Home with Students• Send Volunteer Response
Forms to JA Finance Park
Suggested Timeline
Based on 45-50 minutes of daily
instruction
Program
Introduction
Presentation/Lesson Plans
Class Period
Student Overview
Found in the Guide for Teachers and the Student
Workbook
The Pre-Test and Post-Test are the same test. Use your copy as the test master. Students have a
copy of the Test in the Student Workbook.
Pre- Test and
Post-Test
The Pre-Test/Post-Test Key also is
located in the Guide for Teachers.
Student worksheets are located in the Student
Workbook and the Guide for Teachers.
Sample Activity
Each worksheet has an
Answer Key.
ATM/Debit Card
1. What is it?
2. Why use it?
Credit Card
1. What is it?
2. Why use it?
Credit
Advantages and Disadvantages
Always an Answer Key
PYF
Savings and Investing
Time Means Money
Resource Sheets in Student Workbook
Stocks, Bonds, and Mutual
Funds
Calculating Stock Value
1. Locating stock
2. Determining day’s price
3. Multiplying closing price by number of shares
Unit Two: Taxes and My Salary
Concepts• Government• Income• Salary• Taxes• Wages
Skills
• Active listening
• Brainstorming
• Charting
• Comparing
• Math computation
• Reading
• Teamwork
Where Is All My Money?
1. Taxes
2. Social Security
3. Medicare
Calculating NMI
1. Gross Annual Income
2. Gross Monthly Income
3. Net Monthly Income
Unit Three: Budgeting
Concepts• Budget• Expenses• Income• Needs• Opportunity cost• Savings• Taxes• Wages• Wants
Skills
• Active listening
• Comparing
• Decision-making
• Math computation
• Reading
• Teamwork
Case Studies
Unit Four: Preparing for JA Finance Park
Concepts
• Budget
• Expenses
• Income
• Needs
• Savings
• Taxes
• Wages
• Wants
Skills
• Active listening
• Comparing
• Interpersonal skills
• Math computation
• Reading
• Role-Playing
• Teamwork
• Verbal communication
Begin Collecting These
Unit Four Materials Early!
√ Calculators√ Markers or colored pencils√ Glue, tape, scissors√ Large envelopes or Ziploc bags√ Newspapers (especially Sunday),
magazines, catalogs, advertisements√ Fliers from grocery stores, mailed food
advertisements, etc.√ Grocery store receipts
Groups
Unit Four is agroup project.
Groups of two to six (2-6) are recommended.
Life Situation Card
Student Checklist
1. Prepares students for JA Finance Park on-site Checklist.
2. Assures students will finish group work.
NMI Worksheet
Budget Guidelines Worksheet
Actual Budget Decisions
Investments
1. Account Number
2. Business Assignments
Before the Visit
Unit Five: The Visit
Concepts
• Budget
• Expenses
• Income
• Needs
• Savings
• Taxes
• Wages
• Wants
Skills
• Active listening
• Critical thinking
• Interpersonal communication
• Math computation
• Teamwork
• 4.5 hours on-site.
• Students must know their account numbers and assigned businesses on arrival.
• Students should bring their own lunches.
• A JA Finance Park staff member will lead the opening activity.
• Students report to their assigned businesses.
JA Finance Park On-Site Visit
Unit Six: After the Visit
Concepts
• Budget
• Expenses
• Income
• Needs
• Savings
• Taxes
• Wages
• Wants
Skills
• Active listening
• Critical thinking
• Self-reflection
Unit Seven: Career Goals
Concepts
• Career
• Goals
• Income
• Values
Skills
• Active listening
• Critical thinking
• Research writing
• Self-assessment
Glossary
Visit Information
Account Number Information Sheet
1. Provided to you by JA Staff.
2. Must be completed and returned to JA prior to visit.
3. Keep a copy for yourself and bring to simulation.
Parent Consent Letter
Customize on your Teacher CD
JA Finance Park
Visit
Sample Daily Schedule
The Truth Revealed
Life Situation Sticker
Debit Card
JA Finance Park Student Worksheets
Student Checklist
Should be used during the entire
day!
NMI Worksheet
Round off all answers to the nearest dollar.
Volunteers initial worksheet only when NMI is correct.
Guidelines and Actual Budget Worksheet
Line 9 from NMI worksheet becomes Line 1 on Guidelines and Actual Budget worksheet.
Students complete Steps 1 and 2 by calculating percentages to nearest dollar amount.
Checkbook Register
Must be used during The Final Commitment.
The Big Search
Sample Option Sheet
Students will pick up one Option Sheet from most businesses.
Note line number in top right hand corner of Option Sheet.
Student Checklist
The Student Checklist should be used during the entire day.
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The Budget Puzzle
Guidelines and Actual Budget Worksheet
1. Budget decisions are made.
2. Step 3 is completed.
3. Budget is balanced.
The Final Commitment
Checkbook Register must be completed!
NMI is the beginning balance.
Final balance must be 0 or a positive number.
A JA Finance Park staff member must check the completed
Checkbook Register.
End of Day Budget Review
Questions